Schwab U.S. TIPS ETF $SCHP Stake Raised by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 34.7% in the first quarter, Holdings Channel.com reports. The fund owned 2,420,974 shares of the company’s stock after acquiring an additional 624,017 shares during the period. Bank of New York Mellon Corp’s holdings in Schwab U.S. TIPS ETF were worth $64,422,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SCHP. BlueSky Wealth Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 8.1% during the 4th quarter. BlueSky Wealth Advisors LLC now owns 1,499,610 shares of the company’s stock valued at $39,725,000 after acquiring an additional 112,608 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 606.7% in the 4th quarter. Farther Finance Advisors LLC now owns 190,389 shares of the company’s stock worth $5,043,000 after acquiring an additional 163,447 shares during the last quarter. Dorato Capital Management acquired a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter worth $6,700,000. Decker Retirement Planning Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 17.3% in the 1st quarter. Decker Retirement Planning Inc. now owns 143,728 shares of the company’s stock worth $3,825,000 after acquiring an additional 21,239 shares during the last quarter. Finally, Financial Architects LLC raised its position in shares of Schwab U.S. TIPS ETF by 7.9% during the fourth quarter. Financial Architects LLC now owns 1,434,570 shares of the company’s stock worth $38,002,000 after purchasing an additional 105,349 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.2%

Shares of NYSEARCA SCHP opened at $26.14 on Thursday. Schwab U.S. TIPS ETF has a 12 month low of $26.14 and a 12 month high of $27.19. The business has a fifty day simple moving average of $26.46 and a 200-day simple moving average of $26.63.

About Schwab U.S. TIPS ETF

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.